Macau’s overall residential property price index for May – July remained steady compared to the previous survey period (April - June) at 269.0, the Statistics and Census Bureau (DSEC) said in a statement yesterday.
The index for the peninsula (270.2) grew by 0.1 percent, while that for Taipa and Coloane (263.9) dropped by 0.8 percent.
The index for existing residential units (289.5) was similar to the previous period, with the index for those in the peninsula (282.5) rising by 0.2 percent while the index for those in Taipa and Coloane (317.9) dropping by 0.7percent. Analysed by age of building, the indices for residential units of buildings between six and ten years old and for those of five years old or less decreased by 0.6 percent and 0.5 percent respectively, whereas the index for those between 11 and 20 years old grew by 0.5 percent. Meanwhile, the index for pre-sale residential units (296.9) rose by 0.1 percent.
The indices for residential units with a usable floor area of 100 square metres or more and for those with a floor area between 50 and 74.9 square metres fell by 1.1 percent and 0.8 percent respectively, while the index for those between 75 and 99.9 square metres increased by 0.9 percent. In terms of high- and low-rise buildings, the index for residential units of buildings with seven storeys or less rose by 0.1 percent, whereas the index for those with more than seven storeys dropped by 0.1 percent, according to the statement.
